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New "Classes of Fares and Fees" section includes guidance on Economy (recommended) and Basic Economy (not recommended) fares.

In "Booking Lodging," added guidance on separate vs. shared rooms.

Basic Economy guidance added to Class of Fare in General Policy section.

Clarified definition of Economy class in Class of Fare section.

In Reimbursable Expenses, added COVID-19 Testing Costs and Reimbursement.

Clarified conference hotel booking, rearranged sections for clarity, updated hotel/lodging rate maximums, added Austin/Honolulu

This issue covers the various benefits that Stanford enjoys as a tax-exempt organization, risks and compliance requirements associated with these benefits, and the roles and responsibilities of employees and key members of the financial ecosystem.

Updated tips information to point to the business and travel expense policies page.

Updated tips information. In Rental Cars, clarified that peer-to-peer carsharing is out of policy.

In "Daily Maximum Method", updated tips guidance to point to the Business and Travel Expense Policies page.